Le modalità di intervento pubblico nella gestione delle crisi bancarie: la ricapitalizzazione precauzionale

Le modalità di intervento pubblico nella gestione delle crisi bancarie: la ricapitalizzazione precauzionale

Aprile 2019
978-88-6856-132-1

Since the 2008 financial crisis, the European Union has introduced important legal reforms for procedures to deal with problem banks. The Bank Recovery and Resolution Directive (BRRD) provides for a common set of rules and for institutional infrastructures at the level of Member States. This paper provides with an analysis of the public intervention measures in the management of the banks crisis, in the context of the European Banking Union. In doing so, the paper examines the events that have characterized the national banking sector: the liquidation of the two Veneto banks, in the context of full implementation of the Bank Recovery and Resolution Directive (BRRD); and the precautionary recapitalization of the Monte dei Paschi di Siena, through the adoption of legislative decree no. 237/2016. 
Overall, precautionary recapitalisation is a necessary measure, especially given the current economic climate and its potential to facilitate the restoration of necessary capital levels.